LOM 0.00% 11.5¢ lucapa diamond company limited

I’m no expert, but the WA government generally takes a few...

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    I’m no expert, but the WA government generally takes a few months to approve any bulk sample programme.

    If LOM are on the front foot, applications would be made shortly I would think for say 5,000-10,000t of material. We’re in July, so maybe earliest chance will be around October or November, but we need to watch out for the wet season. Also getting a contractor onboard for extraction and trucking, together with finding a suitable mill will take a bit of time as well.

    If no bulk sample in 2018, best chance will then be after the wet season in 2019. If Diamond analysis keeps coming back with amazing results, they may start to develop pilot plant options to process onsite. Not to dissimilar to the small exploration plant at Lulo which I think was 10-15tph.
 
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